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Non-Cattle Specific Topics
Coffee Shop
Predicting the future
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<blockquote data-quote="Commercialfarmer" data-source="post: 1119037" data-attributes="member: 14544"><p>Agree, look at equipment costs, land costs and diesel. If beef has increased in line with costs, then it is even. Above, then it is too high. Below, then it isn't high enough. I don't think it is high enough. </p><p></p><p>A regional feedlot that has been in business before I was born is shutting down this summer. They can't turn a profit. I don't know what that means. </p><p></p><p>One thing to keep in mind, the magical number isn't total number of head. It is total number of lbs of beef produced. They aren't one and the same.</p></blockquote><p></p>
[QUOTE="Commercialfarmer, post: 1119037, member: 14544"] Agree, look at equipment costs, land costs and diesel. If beef has increased in line with costs, then it is even. Above, then it is too high. Below, then it isn't high enough. I don't think it is high enough. A regional feedlot that has been in business before I was born is shutting down this summer. They can't turn a profit. I don't know what that means. One thing to keep in mind, the magical number isn't total number of head. It is total number of lbs of beef produced. They aren't one and the same. [/QUOTE]
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